Settlements & Operations Officer

Confidential client

  • Location: Limassol, Cyprus
  • Salary: Competitive
  • Employment type: full time
  • Date posted: 2026-11-02

Settlements & Operations Officer

Industry: Financial Services / Investment Services
Company: Cyprus-Regulated Investment Firm
Employment Type: Full-Time
Department: Back Office & Operations

About the Role

We are recruiting an experienced Settlements & Operations Specialist on behalf of an established investment firm regulated in Cyprus.

The successful candidate will manage daily settlements, reconciliations, trade processing, corporate actions, and regulatory reporting, ensuring operational accuracy, efficiency, and compliance with applicable regulatory requirements.

This is a hands-on position requiring previous experience in investment firm operations. The employer is seeking a professional who can take ownership of daily responsibilities immediately, work independently, and contribute effectively without extensive training.

Candidates must have relevant practical experience in settlements and back-office operations within the financial services industry.

Key Responsibilities

  • Perform daily internal and external reconciliations of client funds, financial instruments, and positions with custodians, banks, brokers, and counterparties.

  • Handle client orders, including receipt, verification, transmission, system entry, monitoring, and maintenance of order registers.

  • Process daily trade settlements and transactions related to investment and ancillary services.

  • Manage corporate actions, including income distributions, tender offers, voting instructions, and other relevant events.

  • Complete daily closing procedures in the Back Office system.

  • Prepare and submit applicable regulatory reports, including EMIR and transaction reporting.

  • Prepare client statements and internal and external reports related to client assets and transactions.

  • Set up and maintain financial instruments in internal databases.

  • Update financial instrument prices, exchange rates, and relevant pricing sources when required.

  • Identify, investigate, and resolve reconciliation discrepancies and settlement issues.

  • Maintain effective communication with brokers, custodians, counterparties, and internal departments.

  • Participate in testing system enhancements, IT developments, and operational improvements.

  • Support audit requirements, documentation preparation, and cross-departmental projects.

  • Perform additional operational duties as required.

Candidate Requirements

  • Proven hands-on experience in settlements, reconciliations, and back-office operations within an investment firm, brokerage, bank, or similar financial institution.

  • Ability to independently manage daily operational responsibilities from the outset, with minimal supervision and without extensive training.

  • Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field.

  • Strong understanding of financial instruments, investment services, settlement procedures, and investment firm operations.

  • Practical experience in trade processing, settlements, and reconciliation activities.

  • Excellent attention to detail and commitment to accuracy.

  • Strong analytical and organisational skills.

  • Ability to work effectively under pressure and meet strict operational deadlines.

  • Professional integrity, reliability, and accountability.

  • Ability to work independently and within a team.

  • Fluency in English and Russian is mandatory.

Additional Advantages

  • CySEC Basic or Advanced Certification.

  • Experience with EMIR and transaction reporting.

  • Familiarity with investment firm back-office and settlement systems.

  • Experience supporting regulatory reporting, operational controls, or audits.

Company Benefits

  • Competitive remuneration package based on experience and expertise.

  • 21 days of annual leave.

  • Annual salary indexation in accordance with company policy.

  • Private medical insurance covering employees and their family members.

  • Free parking.

  • CySEC examination preparation and training support.

  • Employer contributions towards professional development and training.

  • Complimentary beverages, fresh fruit, vegetables, and office snacks.

  • Corporate events and company celebrations.

Important Information

Only candidates with relevant, demonstrable experience in settlements and investment firm back-office operations will be considered.

The employer requires an experienced professional who can assume operational responsibilities immediately, work autonomously, and maintain high standards of accuracy and efficiency.

Applications are accepted exclusively through the HUNT ROLES Job Portal:

Only shortlisted candidates will be contacted.

HUNT ROLES | *596

HUNT ROLES LTD is a licensed private employment agency in Cyprus, Licence No. 596. We never charge candidates a fee. Your details are handled in line with our Privacy Policy and are shared with a client only with your agreement.

Our role descriptions are drafted with the help of an AI writing tool and reviewed by a consultant. No AI assesses applications: every CV is read by a named consultant, and nothing from your CV is ever sent to an AI service.

Back to all jobs